Kintayl Capital LP Sells 19,280 Shares of Chart Industries, Inc. $GTLS

Kintayl Capital LP lessened its holdings in Chart Industries, Inc. (NYSE:GTLS) by 45.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 23,448 shares of the industrial products company’s stock after selling 19,280 shares during the period. Chart Industries comprises 2.9% of Kintayl Capital LP’s holdings, making the stock its 12th biggest position. Kintayl Capital LP owned 0.05% of Chart Industries worth $4,693,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GTLS. Allworth Financial LP increased its holdings in Chart Industries by 74.5% during the second quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock valued at $27,000 after buying an additional 70 shares during the period. Savant Capital LLC lifted its holdings in Chart Industries by 2.0% during the third quarter. Savant Capital LLC now owns 3,584 shares of the industrial products company’s stock worth $717,000 after buying an additional 70 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Chart Industries by 95.9% during the third quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after buying an additional 71 shares during the period. Linden Thomas Advisory Services LLC boosted its position in Chart Industries by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 4,325 shares of the industrial products company’s stock valued at $866,000 after acquiring an additional 73 shares in the last quarter. Finally, CI Investments Inc. boosted its position in Chart Industries by 36.9% during the 3rd quarter. CI Investments Inc. now owns 271 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 73 shares in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GTLS shares. Zacks Research raised Chart Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Chart Industries currently has a consensus rating of “Hold” and an average price target of $204.10.

Chart Industries Trading Up 0.0%

NYSE:GTLS opened at $206.90 on Tuesday. The stock has a market capitalization of $9.90 billion, a price-to-earnings ratio of 795.80, a PEG ratio of 0.79 and a beta of 1.73. Chart Industries, Inc. has a 52 week low of $104.60 and a 52 week high of $208.24. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average of $207.14 and a 200 day moving average of $203.84.

Chart Industries (NYSE:GTLS) last released its quarterly earnings results on Friday, February 27th. The industrial products company reported $2.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.48 by ($0.97). The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Chart Industries had a return on equity of 13.55% and a net margin of 0.95%.Chart Industries’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.66 earnings per share. As a group, sell-side analysts anticipate that Chart Industries, Inc. will post 9.02 earnings per share for the current fiscal year.

About Chart Industries

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.